Use the Following Information for the Next 3 Questions

question 100

Multiple Choice

Use the following information for the next 3 questions.
Dem Mfg. has gathered the following data in preparing to record their direct labor payroll costs for the week:
-The standard direct labor price was

• A) $8.00
• B) $8.20
• C) $3.07
• D) $3.05

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Definitions:

Time-Series Graph

A graphical representation showing how a set of data points change over time.

Unemployment Rate

The unemployment rate measures the percentage of the labor force that is jobless and actively looking for employment.

Decreased

Pertains to a reduction in amount, size, intensity, or number.

Time-Series Graph

A graphical representation showing how a given data set changes over time.